Retirement

Wal-Mart Stores Inc.s landmark decision to boost wages for half a million employees will increase pressure on rival retailers such as Target Corp. to follow suit as the labor market tightens and worker pay climbs nationwide.

Union leaders are taking advantage of a tightening labor market and favorable political environment.

The closer those polled were to retirement, the more likely they were to cite health care costs as a big concern.

The supermarket companys largest defined benefit plan covers 54,000 participants.

RadioShacks creditors werent alone this week in wondering whats next for the bankrupt electronics retailer.

Almost three-quarters of those surveyed in the latest Reason-Rupe poll say they are concerned about governments ability to meet future pension obligations.